Author: TechBrunch
StubHub strongly indicates that the IPO is back. It filed a public S-1 in late March, suspended in April after Trump administration tariffs surprised Wall Street. On Monday, I submitted my latest S-1.IPO expert Renaissance Capital estimates the IPO can raise $1 billion in March, saying this fresh S-1 could mean its debut next month. StubHub declined to comment on the IPO plan, citing the quiet period. In 2024, it generated nearly $1.8 billion in revenue and recorded a net loss of $2.8 million. Its biggest shareholders are Madrone Partners (27.1%), followed by Westcap Management (10.8%) and Bessemer (9.6%). Founder…
According to the New York Times, the Russian government is said to be behind a data breaches affecting the US court application system known as Pacer. Citing an anonymous source, the newspaper said Russia is “at least partially responsible” for the cyberattacks, which part of the Russian government is behind the hack. Hackers searched interim criminal cases in the New York City area and several other jurisdictions, whereas according to the article, may involve people with Russian and Eastern European surnames. Last week, Politico reported that hackers could break into the federal judicial electronic litigation filing system and access the…
In 2019, the US Federal Trade Commission (FTC) sued the dating app giant Match Group, accusing Match.com users of deceiving them of purchasing subscriptions through misleading means. Now, six years later, the company operating the popular dating app Match, Tinder, Okcupid, Hinge and the abundant fish have agreed to a $14 million settlement, as announced by the FTC on Tuesday. The FTC said $14 million will be used to provide “relief to injured consumers.” According to the lawsuit, consumers were at risk of fraud after sending marketing emails about new messages from senders who were already identified as bots and…
There is growing demand for AI “companion” applications other than big names like ChatGpt and Grok. According to new data provided to TechCrunch by App Intelligence Firm AppFigures, out of 337 active and revenue-generating AI companion apps available worldwide, 128 have been released so far in 2025. This subsection of the mobile AI market generated $82 million in the first half of this year and is expected to attract more than $120 million by the end of the year, the company's analysis shows. Image credits: AppFigures Unlike general-purpose chatbots, the AI companion app personifies AI interactions by allowing users to…
The hackers claim they compromised the North Korean government's hacker's computers, leaked its contents online, and provided an unusual window into hacking operations by the infamous, secret nation. Two hackers who Saber and Cyb0rg go to have released a report on violations in the latest issue of Phrack Magazine, the legendary cybersecurity e-zine first released in 1985. In the article, the two hackers wrote that they were able to compromise on workstations that contain virtual machines and virtual private servers belonging to the hacker. Hackers claim that Kim works for a North Korean government spy group known as Kimsky, also…
In early 2023, David Petrou, a well-known engineer and founding member of both Google Goggles and Google Glass, made an incredible move. After more than 17 years at the company, he set out to launch his own startup. “We were seeing how fast technology is changing, but we felt there were certain ideas that are most often investigated in the startup context,” Petrou told TechCrunch. His ultimate idea was to build Continua, a consumer-oriented company that uses AI agents to enhance collaboration and interaction with SMS, iMessage and Discord group chats. “A simple way to think about it is that…
Just two years after its launch as a competitor on Twitter (now X), Meta's threads have surpassed 400 million active users (MAUS) per month. “A few weeks ago [there are] Over 400 million people are active on threads every month,” Moseli wrote. “It's been quite a ride over the last two years. It started out as a silly idea to compete with Twitter and evolved into a meaningful platform that encourages public exchange of perspectives. I'm grateful to everyone who has created this place today. There's so much to do from our side. The new milestone means that threads can…
Meta recently released a new video editing app for creators called Edit. This new app is designed to rival Capcut by Bytedance, the popular short video editing app used by many creators. Meta first shared that he was working on editing in January after the refund-owned capcut was removed from the US app store when the Tiktok ban came into effect instantly. The app can then be returned online and downloaded, but as Tiktok's future in the US remains uncertain, Meta is ready to take advantage of the future Capcut absence with the new editing app. Create this guide to…
Like in the VHS era, you're craving the nostalgia of watching home movies, but are you stuck with all the personal videos saved on your iPhone? Certainly, you can play them in the air on TV, but the experience is not the same. This struggle created developer Devin Davies a new iOS app, Cassette, that plays videos in a VHS-like format, making iPhone videos feel like old home recordings. To use the app, you effectively “load” one of the tapes laid out on the screen by selecting the year video to display. The video is labeled what appears to be…
Google is rolling out a new feature called “priority sources” for the US and India. This allows users to choose the preferred choice of news sites and blogs that appear in the Top Stories section of Google's search results. Enabling this feature means that you'll be able to see more content from sites you like, the company says. When users search for a specific topic, a “Star” icon appears next to the Top Story section. You can tap on that icon to search for them and start adding sources. Once you have selected a source, you can update the results…